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Gemini Trust Company, a bitcoin exchange founded by brothers Cameron and Tyler Winklevoss, revealed today that it received launch authorization from the New York State Department of Financial Services (NYSDFS). Gemini has begun briging on customers and will officially open for trading on Thursday October 8th, at which point customers...

Rapid bitcoin trading platform BitQuick.co, is following the exodus of bitcoin firms from New York as the dreaded BitLicense comes into affect. The company indicated the move was a direct result of the extensive regulations introduced by the recent implementation of the BitLicense. The BitLicense imposes a $5,000 fee to...

Two of the largest bitcoin exchanges, Bitfinex and Kraken, have joined the cavalcade of bitcoin companies declining to apply for operating licenses and halting services in New York. The moves are ahead of New York State's requirement that all persons engaging in virtual currency business activities involving New York state residents...

Mobile financial solutions provider Alternet Systems today announced that it making progress on a strategic initiative to become a leading global digital currency exchange through its wholly-owned subsidiary OneMarket. The company says it pursuing the New York State BitLicense that will facilitate a global exchange roll out strategy. In July...